WASHINGTON (AP) — Sarah Bloom Raskin has withdrawn her nomination to the Federal Reserve’s Board of Governors after a key Democrat joined with all Republicans in the Senate to oppose her confirmation, according to a person familiar with the matter who requested anonymity before an official announcement.
West Virginia Sen. Joe Manchin announced Monday that he opposed Raskin’s confirmation, and all Republicans in the evenly-split 50-50 Senate had indicated they planned to block her for the position of the Fed’s top banking regulator.
Republicans have claimed Raskin would use the Fed’s regulatory authority to discourage banks from lending to oil and gas companies. Democrats, as well as many banking executives, countered that Raskin’s views aren’t out of the mainstream and said she simply wants the Fed to consider the risks that climate change poses to the financial system.
Her nomination had been stuck in the Senate Banking Committee after Republicans last month unanimously refused to vote on it in an effort to prevent her being approved on a party-line vote.
White House press secretary Jen Psaki had reiterated Tuesday that Raskin had Biden’s “strong support.”
Raskin’s withdrawal was first reported by Bloomberg News.
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Democrats, as well as many (Democrat Party) banking executives, countered that Raskin’s views aren’t out of (Their) the mainstream and said she simply wants the Fed to consider the risks that climate change poses to the financial system. (By supporting the Democrat’s “Green New Deal and their Build Back Better Con.)
The Democrat Party does NOTHING openly and honestly, Everything the Democrat Party does is a Lie, Con or Deception!
The only difference between Rumpelstiltskin and Rumpled Raskin is that Rumpelstiltskin could weave Straw into gold, while Rumpled Raskin weaves lies and deceptions to keep our black gold in the ground, but it will still cost you your unborn child when it’s time to pay off the Democrat implanted imps and trolls. Thank you, Mr. Manchin!
GOOD. Once again manchen has OUR BACKS!
I wish it were possible that somehow the Earth could open up and swallow every single Liberal and Globalist and leave sane people untouched. I am so sick and tired of Liberal talking points and climate change is one of the biggest irritants out there.
Son Of Thunder: This is a treasonous Con that the Democrat Party is using to gain complete power over the people.
“White House press secretary Jen Psaki had reiterated Tuesday that Raskin had Biden’s “strong support.””
This alone tells you that it is a bad move toward our citizens.
There’s days i keep day dreaming, about having a few dozen Wraith hives drop out of hyperspace, and CULL EVERY communist, Socialist, Libtardist, Anarchist and marxist… AND NOT TOUCH ANYONE ELSE!
The egregiously woke and economically destructive Biden-Harris Administration has nominated some of the worst, most unqualified candidates to important cabinet-level positions in our nation’s history. We owe a great debt to Democrat Senator Joe Manchin for opposing the nomination of Sarah Bloom Raskin to the Federal Reserve Board of Governors and forcing her to abruptly withdraw her nomination. In spite of the vicious personal attacks and threats of physical harm that some radical Democrats have made against the Senator and his family, Manchin has proven that he can be counted on to do what is best for the American people. Therefore, if the John F. Kennedy Profile in Courage Award has any meaning today, then Joe Manchin should receive it.